New Launch1 Jan 2026, 12:06 pm
T.T. Group Unveils Vision 2030, Exits Spinning for High-Value Businesses
AI Summary
T.T. Limited, a long-standing textile and apparel company in India, has announced its Vision 2030, marking a strategic realignment to achieve aggressive expansion and transform into a brand-driven, value-focused organization. The new strategy includes exiting the spinning division, strengthening the balance sheet, pivoting to branded garments and value-added products, renewing the brand, and modernizing the manufacturing footprint.
Key Highlights
- Exited spinning division for high-value, future-ready businesses
- Reduced total debt from Rs. 250 crores to Rs. 75 crores and raised fresh equity
- Shifted focus toward domestic branded sales and garment exports
- Signed Bollywood star Rajkummar Rao as brand ambassador and accredited as a 'Well Known Brand' by the Government
- Commissioned a new garment factory in Howrah, West Bengal